European Securities and Markets Authority (Esma)
Esma Wades In: Regulator Targets Rating Agency Fees
Data consumers have long-bemoaned the fees charged by rating agencies, citing prices and a lack of transparency around how fees are set as key concerns. With no response from the agencies to user groups, Esma is now weighing in on the subject. Pauline…
Esma Probes APAs Amid Mifid Trade Data Issues
Approved Publication Arrangements—a critical component in the new Mifid II European markets regulation—may be falling short of their requirements under the new transparency rules, and have drawn Esma’s attention. By Samuel Wilkes, with additional…
Light at the End of the Tunnel, But Will Mifid Dark Pool Rules Add Up?
Esma has released the first figures to support Mifid II’s caps on the percentage of equities trading that can be transacted on dark pools. However, critics warn that although the delay has given Esma more time to validate data and clean up queries, the…
Bitfinex Bolsters Surveillance Capabilities with Irisium Platform
Irisium Surveillance will help the bitcoin exchange to better monitor for volume manipulation, wash-trading and fake liquidity.
After Delays, Esma Publishes Double Volume Cap Data
European regulator sends a message to the market that Mifid II will be enforced with this data release, experts say.
ECB Chief Doubles Down on CCP Brexit Debate
Mario Draghi says European authorities must have direct supervision of non-EU CCPs
Europe’s Mifid Monster Lurches to Life
January 3 went smoothly for many, but the launch of Europe's far-reaching reform package wasn't without problems.
FCA Names International Director, Esma Refreshes Board
UK regulator appoints Nausicaa Delfas executive director of international, while Esma replaces two outgoing board members.
January 2018: Getting Your Bitcoin’s Worth
Financial firms spent a lot of last year focused on Mifid II compliance, but also clearly spent significant time following the ups and downs of cryptocurrencies - and assessing whether to invest in this new asset class.
Esma’s LEI Xmas Extension: Last-Minute Gift or Lump of Coal?
Jamie Hyman talks with an LEI issuer, advocate and end-user about how Esma’s LEI grace period will impact operations during the first half of 2018.
Mifid Data Runs Aground with Issues at European Regulators
Glitches and halts mark first few weeks of transparency requirements at systems operated by regulators.
Esma Warns Credit Rating Agencies Over Fees
Report says credit rating agencies are not providing enough clarity on the fees they charge.
Artificial Intelligence: From Winter to Spring
AI is experiencing a renaissance, but some are concerned that it could carry hidden risks.
UPDATE: Markets, Regulators Not Yet United on Mifid II
Just over a week into Europe’s new financial regulatory regime, Joanne Faulkner assess the key challenges that still lie ahead as market participants and regulators alike grapple with the data and reporting requirements of Mifid II.
Venues Deny Esma Accusations over Volume Cap Delay
Delays to a key aspect of Mifid II have triggered tensions between market participants and regulators.
Esma Proposes CCP Margin Model Disclosures
European regulator takes step toward forcing clearinghouses to disclose exactly how they calculate risk and collateral requirements for trades.
Tradeweb APA Bug Mires Mifir Reporting
Reporting platform began rejecting trade reports due to mismatched identifiers, banks say.
What to Do About Mifid II
Europe’s regulatory big bang arrives today as an evolving set of rules rather than a finished product.
New Dawn in Europe as Mifid II Goes Live
Updated trading rules to have significant impact across all asset classes.
Markets Brace for Mifid II’s Start
Fraught times at the Christmas table as tech specialists rush to implement last-minute changes.
2017: The Year Mifid II Grinds into Gear
WatersTechnology extensively covered all the key Mifid II developments over the past 12 months.
UPDATE: ESMA Grants Six-Month Grace Period for Mifid II LEI Compliance
Banks and trading venues will be given an extra six months to comply with LEI requirements
ESMA Preps for Machine-Readable Financial Reports for 2020
Officials say the new reporting standard will eliminate manual processing and re-keying of data from EU-based issuers' financial reports.
70 Minutes with Steven Maijoor
Aggelos Andreou looks back on some of the topics of conversation that didn't make his profile of Esma's Steven Maijoor.